Link- https://blog.datacaptive.com/understanding-the-c-suite/ Keywords- C suites executives Secondary keyword: C suites job titles, C level executive, C suites sales, Ways to reach c level executive
Expansion is crucial for the growth of any business, irrespective of the sector or location. C-level executives form the core team of a big firm or organization. C-suite executives are the ‘think tanks’ and decision-makers who are responsible for the functioning of the organization. Today, many small and medium-sized enterprises are also creating C-Level roles to cater to the market scenario, thus leading to the rise of such job titles and functions at a steady pace.
CREATION OF NEW C-LEVEL EXECUTIVE JOB TITLES AND ROLES New C-level executive positions are added to the group with new titles, roles and responsibilities. The reasons for the expansion of C-level executive job titles can be broadly listed as Growth of specific industry skills Competition for top industry talent Introduction of new technologies, tools & processes Government regulations The common mathematics behind the introduction of C-level executive job titles is that it leads to the ADDITION of C-level executive titles, SUBTRACTION of total expenses, MULTIPLICATION of productivity & DIVISION of total workload! Some of the most important job titles in the C-suite executives’ lists are CEO, CMO, CTO, CIO, CDO, CAO, and CKO, among others. However, as stated earlier, C-level executives are experiencing a drastic professional change. Specializations are narrowing, and the existing roles are getting too intensive. Thus, certain job titles are expected to disappear! According to industry experts, four such titles that are likely to disappear in the not-so-distant future are Chief Information Officer (CIO), Chief Operational Officer (COO), Chief Technology Officer (CTO), and Chief Digital Officer (CDO). The reasons for the disappearance of these roles can mainly be attributed to 2 main factors. Integration of marketing technology and increased demand for multi-specialization has led to the creation of new roles and extinction of old ones. To know more about the changing scenarios in the world of C-suite executives and ways to reach out to them efficiently, click here